Preetha Krishna
Preetha Krishna
Born (1974-12-02) 2 December 1974
Chennai, India
NationalityIndian
Other namesKrishnapreetha Ramabagavaddasa
EducationMasters in Business Administration
Alma materEthiraj College for Women
Occupation(s)Co-founder and vice-chairperson of White Lotus Conglomerate
Known forDaughter-in-law of Kalki Bhagawan
SpouseKrishna Nemam Kurral Vijay Kumar
WebsiteOfficial website Edit this at Wikidata

Preetha Krishna (also known as Preetha Ji, Preetha ji, Preethaji and Krishnapreetha Ramabagavaddasa; born 2 December 1974 in Chennai[1]) is the daughter-in-law of Indian godman and cult leader Kalki Bhagawan.[2] She is the co-founder and vice-chairperson of White Lotus Conglomerate.

Education

Preetha Krishna attended the C.S.I. Ewart Matriculation Higher Secondary School in Chennai and received her Bachelor of Commerce[1] at the Ethiraj College for Women in Chennai. She then pursued a Masters in Business Administration at the University of Southern Queensland in Toowoomba, Australia.[1] She also has masters in philosophy from Madurai Kamaraj University in Madurai, Tamil Nadu.[1]

Teaching and wellness programs

In 2002 Preetha Krishna founded the Women's Movement for the Golden Age in Bangalore.[3] In 2009 along with her husband, N.K.V. Krishna, also known as 'Krishnaji', she co-founded One World Academy, a philosophy and meditation school in Kanchipuram,[4] that later turned into O&O Academy.[5] She led a morning staff meeting at William Morris Endeavor,[6] two sessions at the Sun Valley Wellness Festival in Idaho.[7] and was part of the 2nd Eurasian Women's Forum, which took place in Saint Petersburg in September 2018.[8] Preetha and N.K.V. Krishna consulted with life coach Tony Robbins on how they could promote their courses to westerners.[9] Her husband claims to be a guru with 10 million followers in India.[10]

White Lotus Conglomerate

Preetha Krishna is the daughter-in-law of businessman and spiritual teacher Vijay Kumar Naidu, also known as 'Kalki Bhagawan'. Along with her husband, father-in-law and mother-in-law, she runs[11] the White Lotus Conglomerate – an enterprise that includes real estate, property development, energy, media and sport.[12] Preetha Krishna is co-founder and Vice Chairperson of White Lotus Conglomerate.[13] In addition, she sits on the board of family businesses with names including Kosmik/Kosmic, Sacredbanyan, Transend, KPL, Bluewater, Golden Lotus, Goldenage, Chatrachaya, Yogi and Enlite.[9] Many of these businesses exist only as mailing addresses.[9] Preetha Krishna is a director of Kosmik Music and production company Kosmik Global Media, which owns the Bengaluru Bulls, a Pro Kabaddi League team.[14][13]

The White Lotus Investment Group is based in Dubai, and has invested in The Pinnacle tower in Nairobi, the tallest in Africa, which is currently under construction.[15] The Pinnacle is a joint venture between White Lotus, Jabavu Village and the Hass Petroleum Group.[16] Between them, the White Lotus and Hass organisations are investing about US$200 million in the Pinnacle project.[17] However, as of September 2019, construction of the Pinnacle had stalled.[18][19] During 2019, the White Lotus Projects group was found to be in contempt of court for proceeding with the Pinnacle project in violation of two court orders issued in 2017.[20]

The White Lotus Group owns the 1930s Redick Tower building in Lincoln, Nebraska which, after a $7 million re-development, it re-opened in 2010 as the Hotel Deco XV.[21] The group has offices in Chicago and Omaha, Nebraska.[22]

Income tax raids

In October 2019, the Income Tax Department raided about 40 premises associated with the White Lotus Conglomerate. During the raid, the department confiscated cash and gold approximately worth $12 Million USD and unaccounted cash receipts for the amount of $55 Million USD from the fiscal years 2014 and 2015 onwards, according to the Indian Ministry of Finance. The investigation is in progress.[23] Preetha and her husband were questioned by the Income Tax Department. Krishna also runs several companies that are into real estate, construction, publishing and micro-finance.

The enforcement directorate registered a case against 'Kalki' Bhagawan and N.K.V. Krishna under the Foreign Exchange Management Act.[24] The Madras High Court granted time for the Income Tax Department to file its counter affidavit to a writ petition preferred by Preetha Krishna against a ‘look out circular’ issued by the department preventing her from flying abroad without an Income Tax Department clearance certificate.[25] Preetha Krishna's request to travel to the USA and Ukraine was denied by the Income Tax Department assistant director K Mahadevan, who said that her presence would be necessary for the investigation.[26]

References

  1. 1 2 3 4 Preethaji on Biography Online
  2. ↑ Ram, Arun (17 June 2002). "Kalki Bhagwan controversy: Tamil Nadu-based godman encounters spate of accusations". India Today. Retrieved 11 April 2020.
  3. ↑ Movement to empower women launched. Article in The Times of India from 18 February 2002.
  4. ↑ "Preetha ji – HuffPost". www.huffingtonpost.com. Archived from the original on 13 June 2018. Retrieved 13 June 2018.
  5. ↑ "Who We Are – O&O Academy". oo.academy. Archived from the original on 13 June 2018. Retrieved 13 June 2018.
  6. ↑ Ari Emanuel Brings Meditation to WME-IMG With Tony Robbins Archived 25 August 2017 at the Wayback Machine. Article by Chris Gardner from 21 July 2017 in The Hollywood Reporter.
  7. ↑ "Sun Valley Wellness Festival 2018". register.growtix.com. Archived from the original on 13 June 2018. Retrieved 13 June 2018.
  8. ↑ Preetha Krishna at the Eurasian Women's Community (russian)
  9. 1 2 3 "The Cult of Kalki Bhagavan". Open The Magazine. 1 November 2019. Retrieved 2 May 2020.
  10. ↑ "Society once had religion to give it purpose. Now it has wellness coaches". British GQ. Retrieved 2 May 2020.
  11. ↑ Imranullah, Mohamed (22 November 2019). "'Kalki' Bhagavan's daughter-in-law moves HC against 'look out circular'". The Hindu. ISSN 0971-751X. Retrieved 26 April 2020.
  12. ↑ "WLCONGLOMERATE". wlconglomerate.com. Archived from the original on 21 August 2017. Retrieved 13 June 2018.
  13. 1 2 "Preethaji". Conscious Capitalism. 17 May 2019. Retrieved 3 May 2020.
  14. ↑ "Bangalore franchise kabaddi team launched". Business Standard India. IANS. 16 July 2014. Retrieved 3 May 2020.
  15. ↑ "Nairobi's tallest building planned". Deccan Herald. 22 December 2016. Retrieved 3 May 2020.
  16. ↑ "Hilton kicks off second Nairobi high-end hotel". Business Daily. 23 May 2017. Retrieved 2 May 2020.
  17. ↑ Monks, Kieron. "Work begins on the tallest skyscraper in Africa". CNN. Retrieved 3 May 2020.
  18. ↑ "Africa's tallest building aims to be a standout". The Business Times. 24 September 2019. Retrieved 3 May 2020.
  19. ↑ Wambu, Wainaina. "Nairobi's elegant office space that no one wants". The Standard. Retrieved 3 May 2020.
  20. ↑ "Dubai tycoons sought for contempt of court". Kenyan Tribune. 7 February 2019. Retrieved 3 May 2020.
  21. ↑ "Hotel Deco XV is Deco'd out". smallmarketmeetings.com. Retrieved 9 May 2020.
  22. ↑ "Vacant school about 1 mile west of the former Northridge Mall proposed for 100 affordable apartments". Milwaukee Journal Sentinel. Retrieved 2 May 2020.
  23. ↑ "Income Tax Department conducts Search on a "wellness group" in Chennai". Pib.gov.in. 16 October 2019. Retrieved 1 March 2020.
  24. ↑ "Mystic and the moolah". The Week. Retrieved 9 February 2020.
  25. ↑ Imranullah, Mohamed (22 November 2019). "'Kalki' Bhagavan's daughter-in-law moves HC against 'look out circular'". The Hindu. ISSN 0971-751X. Retrieved 9 April 2020.
  26. ↑ Sivakumar, B. (21 December 2019). "Kalki Bhagavan case: 900 acres of benami land attached by I-T". The Times of India. Retrieved 9 April 2020.
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